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Important news, must-read stories on NDTV Profit on Tuesday.
India’s current account balance recorded a deficit of $10.5 billion in the third quarter of the ongoing fiscal, as compared with $11.4 billion in the preceding three-month period.
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Buybacks and dividends may no longer be enough as Tata Group seeks to invest in digital businesses to semiconductors.
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While regulations for setting up Bima Sugam have just been approved, the concept draft of the actual platform and its features are awaited.
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The board also appointed MSKA and Associates as statutory auditors for five years.
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The funding cost for the system could rise and potentially lead to longer lending processes for the lenders.
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The new system of interoperability would primarily be for net-banking and mobile-banking transactions.
LNG spot prices are currently trading around $8.3-9 per million metric British thermal unit, a 56% year-on-year drop from the average price of $18.75 per million metric British thermal unit.
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